MGO One Seven LLC Increases Stock Position in JPMorgan Active Growth ETF $JGRO

MGO One Seven LLC increased its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 64.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,959 shares of the company’s stock after purchasing an additional 23,828 shares during the quarter. MGO One Seven LLC owned 0.08% of JPMorgan Active Growth ETF worth $5,247,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Active Growth ETF by 0.6% in the 1st quarter. JPMorgan Chase & Co. now owns 8,585,389 shares of the company’s stock worth $633,516,000 after buying an additional 47,387 shares during the last quarter. LPL Financial LLC boosted its position in JPMorgan Active Growth ETF by 21.1% in the first quarter. LPL Financial LLC now owns 4,413,268 shares of the company’s stock worth $325,655,000 after purchasing an additional 769,365 shares during the last quarter. Ameriprise Financial Inc. boosted its position in JPMorgan Active Growth ETF by 23.9% in the first quarter. Ameriprise Financial Inc. now owns 4,302,088 shares of the company’s stock worth $317,441,000 after purchasing an additional 829,024 shares during the last quarter. Raymond James Financial Inc. boosted its position in JPMorgan Active Growth ETF by 33.5% in the first quarter. Raymond James Financial Inc. now owns 1,488,837 shares of the company’s stock worth $109,861,000 after purchasing an additional 373,951 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in JPMorgan Active Growth ETF by 16.0% in the second quarter. Janney Montgomery Scott LLC now owns 1,487,290 shares of the company’s stock worth $128,011,000 after purchasing an additional 205,582 shares during the last quarter.

JPMorgan Active Growth ETF Trading Down 3.3%

JGRO opened at $91.69 on Monday. The company has a market cap of $7.56 billion, a price-to-earnings ratio of 35.50 and a beta of -1.23. The company’s 50 day moving average is $91.10 and its 200 day moving average is $83.75. JPMorgan Active Growth ETF has a 12-month low of $63.33 and a 12-month high of $95.16.

About JPMorgan Active Growth ETF

The Jpmorgan Active Growth ETF (JGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to invest in US large-cap companies perceived to have strong earnings growth potential. JGRO was launched on Aug 8, 2022 and is managed by JPMorgan Chase.